When looking across the province, Oak Lake Beach is the 52th most expensive in Manitoba.
The $326,950 price tag on the median Oak Lake Beach home means that it is above the cost of most houses in the country.
3 bedroom properties are the most common available for real estate investors this month in neighbourhood.
It’s never an exact art, but to try to forecast how property is going to appreciate in Oak Lake Beach for investors, it’s important to look at data like:
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Oak Lake Beach will hopefully provide an indicator to help you where to research in-depth
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Oak Lake Beach have stayed pretty much the same which would tend to indicate that demand is steady.